Financial Times FT.com

Microsoft concedes defeat in EU battle

By Andrew Bounds in Strasbourg and Laura Dixon in Brussels

Published: October 22 2007 12:50 | Last updated: October 22 2007 19:16

Microsoft finally admitted defeat in its nine-year battle with the European Commission on Monday, agreeing to allow competitors access to technology that Brussels said would create more innovation in the software market.

The US software developer agreed to comply with the EU antitrust regulator’s finding that it was abusing its dominance, upheld by the European Court in 2004. The result would be lower prices and more choice for customers, the Commission said.

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